Rectitude (NASDAQ:RECT – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.03 earnings per share (EPS) for the quarter, reports. The company had revenue of $10.47 million for the quarter.
Rectitude Stock Up 7.4%
RECT stock traded up $0.09 during midday trading on Friday, hitting $1.24. The stock had a trading volume of 3,186 shares, compared to its average volume of 933,295. Rectitude has a 52 week low of $0.96 and a 52 week high of $4.98. The stock has a 50-day simple moving average of $1.26 and a 200 day simple moving average of $1.38.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Rectitude in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.
Rectitude Company Profile
Rectitude Holdings Ltd is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers and traffic products. The Company also offers auxiliary products such as industrial hardware tools and electrical hardware required for construction sites. Rectitude Holdings Ltd is based in SINGAPORE.
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